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Industry & Economy - Petroleum
Infrastructure status for gas pipelines sought

Our Bureau

New Delhi , Aug. 6

To enable the country achieve 12 per cent growth in the manufacturing sector, Assocham has demanded infrastructure status for gas pipelines. The chamber has also urged for 100 per cent tax holiday for infrastructure building industries for 15 years from day of commencement of their operations.

In a representation to the Finance Minister, Mr P. Chidambaram, the chamber also urged that 100 per cent tax holiday be given to various types of activities involved in the complete supply chain of food processing and agro-based industries. A tax holiday for 15 years will make the food-processing sector substantially raise its contribution to the GDP growth.

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